🏆Commercial: The top commercial deal recorded was for a mixed-use building in East New York. A company tied to Jacob Aini sold 2864 Atlantic Avenue for just over $69 million after acquiring the development site for $7.5 million from Speedway in 2022, then building a 10-story building there. The buyer was a company connected to Camber Property Group and the Institute for Community Living. UMB Bank provided a $94.3 million mortgage for the deal.
In The Media
Gilbane, Institute for Community Living, Tredway, HPD, and HDC Announce Financing of 266 New Affordable Apartments at 860 Concourse Village East
100 percent affordable Bronx development project to transform parking lot into affordable and supportive apartments and a new community-based Health Hub Gilbane Development, the Institute for Community
December 22, 2025
